Samsung plans to invest about $ 7 billion in OLED displays industry

Jun

20

2016

Samsung plans to increase its production of the next generation of smart phones screens more than 50% this year, so as to meet the growing demand for these screens from Apple and other companies, which accelerated to update organs.

It plans South Korean electronics company to spend about 8 trillion won (6.82 billion US dollars) in 2016 to increase its production capacity by the equivalent of more than 200 million units of screens that use technology “organic light-emitting diodes” OLED.

It is believed that Apple approached Samsung Corporation, a monopoly on the manufacture of this type of smartphone screens, OLED screens to provide the next generation of iPhone phones.

The Apple has informed its suppliers that it intends to launch a smartphone with a screen-type OLED in the year 2018, but plans a partial launch next year.

And it will represent an increase in the production of OLED screens for about 80% of the capital to the private investor in Samsung screens for the current year sector. This was the average investment in OLED displays and traditional LCD screens industry nearly five trillion won a year over the past three years. It is believed that Samsung is currently able to produce OLED displays, equivalent to more than 300 million units each year.

And struggling Samsung to protect smartphones affiliate series, the Galaxy, which is the best-selling in the world in terms of size, strong competition from Apple, which comes in second place, and with that you get some smart phones components, such as electronic memories and other components Chips Samsung.

South Korean company aims to expand the smart phone components industry, which provides revenues approximately equal to the proceeds of smartphones, and aims to stimulate growth in the OLED screens, which is the focus of a major market for the company.

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